Dealing with furniture in a real estate transaction One of the interesting factors in Big Bear’s resort real estate market is whether or not furnishings are included with the sale of a home or cabin. It may be logical for a seller of a vacation home to leave furnishings with the house at the close, but it should never be assumed that furnishings are included. Because Continue Reading
How Much Will My Vacation Rental Earn?
Updated 8/21/23 Q: How much can I expect my Big Bear investment cabin to earn as a vacation rental? A: It depends... The earning potential of a Big Bear vacation rental property depends on several factors Location, Location, Location Typically, homes near the lake, village, and ski resorts will gross the highest in the Big Bear valley. Central Big Bear Lake tends to be the highest Continue Reading
6 Tips on How to Score a Hot Property in Big Bear
Get in the Game and Score in Big Bear - Here's How: 1. Trust your agent Find an agent in Big Bear with whom you have chemistry, someone you can trust. Your agent is your eyes and ears in the market and will be the first to alert you to properties that match your criteria. Commit to your agent who is committed to finding your property as soon as it reveals Continue Reading
New Vacation Rental Rules in Big Bear Lake
New Vacation Rental Rules Now in Effect in Big Bear Lake Vacation Rental Ordinance Adopted September 16, 2021 The City of Big Bear Lake enacted a new vacation rental ordinance that contains more robust enforcement rules which went into effect on Sept. 16, 2021. The ordinance includes: Guests must sign a Good Neighbor Policy published by the City prior to occupancy. Owners/managers should Continue Reading
New Vacation Rental Ordinance in Big Bear Lake
UPDATE: Click here for info on the Vacation Rental Ordinance adopted Sept. 16, 2021 New Vacation Rental Ordinance Moving Forward Excerpted from Elevation 6752' - The Official Newsletter of the City of Big Bear Lake, CA Issue #21-6 - Published June 25, 2021 After months of thoughtful review, and consideration of hundreds of verbal and written comments from the public, the Planning Continue Reading
How to Assess a Return on a Big Bear Vacation Investment Property
4 Ways to Assess a Return on a Big Bear Vacation Investment Property 1. Hire a Big Bear Real Estate professional who can properly analyze a revenue return on a property. You need an agent who knows her stuff about how a Big Bear vacation rental investment property will perform. If your agent is simply agreeing with everything you say you want in a revenue return on your investment, that is a Continue Reading
Is It Time To Buy Down In Big Bear?
Now Might Be The Time To Buy Down In Big Bear Whenever market values increase and the equity in your investment property starts to grow, buying up in Big Bear can be a great way to put yourself in a position to grow even more equity. However, not everyone has the desire to take on the additional responsibility that comes with owning a bigger investment property. Some people want to simplify Continue Reading
Vacation Rental Management Costs
What expenses are associated with managing a vacation rental in Big Bear? A common question we get from our clients is, "What are the costs associated with owning, managing, and maintaining a vacation rental cabin in Big Bear?" This is an excellent question and is one that should be considered by every homebuyer shopping in the Big Bear real estate market. Costs can vary significantly based on Continue Reading
Is Your Vacation Rental Cabin Ready To Rent?
5 Tips For Keeping Your Vacation Rental Cabin Ready To Rent If you want to reap the benefits of high returns from your Big Bear vacation rental investment property, it will need to be rented a lot. The challenge with lots of bookings is the wear and tear it can have on your cabin. Keeping your cabin fresh and ready for your guests will have an impact on your bottom line. Here are some simple tips Continue Reading
Buy Up In Big Bear
Is It Time To Buy Up in Big Bear? Big Bear is a special kind of real estate investment market. Where you invest in the real estate financially, you are also investing emotionally in making memories and enjoying this fabulous mountain resort town. If you are highly focused on both, you can generate a revenue return and position yourself to “buy up” on your investment property. Here are 4 Continue Reading